Differences between direct and indirect costs

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Question 1: When the overall cost of an accident is calculated, what elements make up the cost? Explain the differences between direct and indirect costs.

Response must be at least 200 words in length.

Question 2: Explain the difference between using "lagging indicators" and "leading indicators" and how each of these aid in measuring a company's safety performance and safety program.

Response must be at least 200 words in length.

Question 3: What are three broad factors that lead to human error in the human factors theory? Briefly explain each.

Response must be at least 200 words in length.

Question 4

Summarize briefly the problems most widely associated with workers' compensation. What does the insurance industry use Experience Modification Rate (EMR) to determine? What is your current company's EMR - is it above 1.0 or below 1.0 and why does that matter?

Response must be at least 200 words in length.

EACH QUESTION MUST HAVE ITS OWN WORK CITED AND ALL MUST BE APA FORMAT.

Reference no: EM131172470

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